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    Market Trends: High Cost And Weak Demand For Pure Polyester Yarn And Polyester Cotton Yarn Market Wait-And-See, General Transaction

    2022/3/5 16:26:00 0

    Pure Polyester Yarn

    According to the price monitoring of the business agency, the domestic pure polyester yarn and polyester cotton yarn market is mainly flat this week. The transaction is relatively insufficient. The price is stable and the price is stable and rising. The market is waiting and climbing. As of March 4, the average market price of pure polyester yarn remained at 14425 yuan / ton last week; The average market price of polyester cotton yarn was 20860 yuan / ton, with a slight drop of 20 yuan / ton, basically stable.

    Although the pure polyester yarn Market in recent years, the international crude oil prices continue to rise, staple fiber futures have some turbulence, polyester yarn manufacturers' quotation is partially firm, 32S and 50s market is not smooth, 45s trading volume is fair, mainly used for the production of polyester and cotton lining series. At present, the mainstream price of t32s yarn in Shaoxing Qianqing market is about 13200 yuan / ton, that of Shengze market is about 13300-13500 yuan / ton, and that of t50s is 14900-15100 yuan / ton. But there is no lack of overall caution, turnover volume is not large. The demand for 32S and 21s of T / C 65 / 35 is acceptable, but the price trend is not changed. Driven by the cost, it is expected that the future market containing polyester yarn market will also have a moderate upward trend

    Raw cotton: Recently, the New York Futures market has been more turbulent and unstable, and the domestic futures market has basically sorted out the declining trend. The mentality is not good. Cotton enterprises are willing to wait and see the shipment. In addition, due to the recent instability in the international situation, the domestic futures market fell. Cf2205 closed at 20720 yuan / ton on February 28, 20905 yuan / ton on March 1, and 21340 yuan / ton on March 2, Cf2205 closed at 21200 yuan / ton on March 3 and continued to decline today. The price of cotton in some areas of Xinjiang has been lowered, with machine picked cotton 22750-23050 yuan / ton, hand picked cotton 22900-23250 yuan / ton, and cotton price in some mainland areas increased by 50 yuan / ton. Today, the price of foreign cotton in Hong Kong has dropped sharply. Although the market is bound to be shaken and consolidated, most of them still have no bottom in their hearts.

    Raw material polyester short: a few days ago, under the unstable international crude oil price, the polyester staple fiber market is relatively weak, falling frequently, manufacturers generally light production and sales, staple fiber prices decline. At the beginning of the week, the mainstream transaction price of 1.4d * 38mm polyester staple fiber in Jiangsu and Zhejiang market was about 7350-7400 yuan / ton, which decreased by 600-700 yuan / ton compared with the high level in the beginning of the year. In recent days, under the shock of crude oil, the short fiber market quotation has been relatively stable and slightly insisted. This morning, the quotations of Jiangsu and Zhejiang polyester staple fiber manufacturers were generally raised, and most factories raised their prices twice. At present, the mainstream quotation of 1.4d * 38mm polyester staple fiber in Jiangsu and Zhejiang market is about 8000-8400 yuan / ton. However, the production and sales of manufacturers have dropped slightly, and the overall market mentality is still different.

    Downstream demand: after the Spring Festival, the market sales are not as good as expected. Before the year, there are not many orders entering due to the price rise. The profit margin of the weaving factory has declined, and the side effect is not large. And years ago, in the buying up and not buying down, the merchants and weaving factories have already prepared goods. After the general market, the basic digestion of inventory, continue to chase high and purchasing power is not good. On the other hand, the yarn manufacturers started work earlier this year, while most of the downstream textile factories started late. Moreover, due to the epidemic situation, the arrival of workers has been delayed. Some weaving mills have not been able to operate normally so far, and the actual consumption has increased slightly. In addition, there was stock in the market before the year, but under the condition of insufficient market, some began to return to the market, and the price was somewhat dragged down. Under the unstable price, the merchants and weaving factories took less goods as much as possible.

    After market forecast: the situation in Russia and Ukraine is still tense, the volatility of short-term crude oil has increased significantly, but there is still a time lag for downstream start-up, and the market is dominated by funds for the time being. Pure polyester yarn and polyester cotton yarn market just need to supplement, waiting for the downstream demand to improve, the future market still continues to pay attention to the starting load and order situation.

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